What is a real estate settlement?

A real estate settlement is the process whereby the buyer of real estate property becomes the legal owner.  During this process, the buyer provides funds to the seller in exchange for the deed to the property.

What does a settlement company do?

A settlement company will make sure that a good, marketable and insurable title transfers between seller to buyer; all of the settlement documents will explained, properly signed, and recorded; the sellers mortgage loan(s) will be paid off and those obligations released.  The attorney will conduct the settlement according to the terms and conditions of the contract of sale and instructions from the lender.

What is title insurance and why is it necessary?

There is always the possibility of title discrepancies or irregularities.  Your title could be improperly recorded or abstracted.  There could be hidden title defects (e.g. fraud, forgery, missing heirs, impersonation, or the rights of divorced persons, etc.) that even the most thorough search would not uncover.  Title insurance will protect and defend (at no cost to you) your ownership interest in real property from any such defects in the title.

Why should Integrity Title & Escrow, Inc. be chosen over another settlement company?

Integrity Title & Escrow, Inc. is a full service settlement company specializing in settlements of resale purchases, new home purchases, and residential refinances.  Integrity’s attorneys are very knowledgeable and professional and familiar with all facets of the real estate settlement industry.  Our convenient location in the heart of Montgomery County is easily accessible by auto, Metro, or bus.  We offer an impressive and charming office environment, featuring a wonderful assortment of refreshments that will help to assure a delightful event.